Are you sure crypto is the future currency? - page 17.

drlukacs

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Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

I never believe that Bitcoin or crypto is the future currency. You should know that crytocurrencies are tools for blockchain technology to be implemented. So any bank can create its own blockchain technology and make deposits and withdrawals quickly and across countries. It is only because each country has a separate regulation, so it is difficult to link banks together, besides, the bank has enough ability to do this.
One more thing, cryptocurrencies are highly volatile assets so people don't want to use them in payments. So stop dreaming about a great future for crypto, it won't come true.

Colt81

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In my own opinion, there are still few people who uses cryptocurrency for their daily lives that more people who uses fiat currency for their daily lives to provide their necessities. But there are still a chance that cryptocurrency will be the future currency because there are countries who starts to adopt blockchain technology and to create their own cryptocurrency like China.

crossabdd

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many challenges for crypto today, crypto must be able to convince the public and government assumptions about the use as a currency. maybe it can, but it's still a long time. Today, this year, China will release its blockchain-based digital yuan currency, so what does that mean? the country has taken crypto technology. but do not use existing crypto currencies. maybe what will survive is only bitcoin, and other altcoins will become junk.

pikkie

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I think cryptocurrency has indeed become one of the currencies in the future because with cryptocurrency people can make transactions easily with large distances. Money transfers will become easier, faster and more efficient, now many platforms are developing technology from cryptocurrency to developing multiple platforms so that they can become more widely used.

Anonylz

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Crypto is gaining ground by the day so the possibility of it growing even more bigger than what it's already is now is very obvious, gradually crypto recognition is spreading across the world, many people are warming up to understand blockchain technology and its potential to development,
Now we can see some countries working towards having their own crypto which is an indication of what will come in future.

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Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

You already knew this and agreed, then why is your topic sentence in question mark. I think it should be rephrased to show it as a declarative instead of an interrogation that you left it.

Free1bitco.in

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Quote from: joinfree on January 19, 2020, 12:13:41 AM

Well i believe so but this is not going to happen anytime soon as there a whole lot of misconceptions still around cryptocurrencies. Hopefully by a decade from now this wrong perception might have changed as people get to learn about cryptocurrencies. As global dept keeps on increasing and making transactions in fiat still is stressful and centralized people would want financial freedom in the future and that's when the adoption of cryptocurrencies is going to kick in.

I am not so sure that the government will accept crypto as a currency. but, I believe that the government will utilize this system to make their own currency. thinking about it, I think it's more beneficial than acknowledging one crypto to replace Fiat. I think they are developing it now. but I'm just guessing....

joinfree

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Well i believe so but this is not going to happen anytime soon as there a whole lot of misconceptions still around cryptocurrencies. Hopefully by a decade from now this wrong perception might have changed as people get to learn about cryptocurrencies. As global dept keeps on increasing and making transactions in fiat still is stressful and centralized people would want financial freedom in the future and that's when the adoption of cryptocurrencies is going to kick in.

topbitcoin

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Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

I am not crypto enthusiast, maybe if crypto can be future currency then i will support it and maybe can get advantage from it. But if not, and crypto is like a kind of investment, then i wouldn't dissapointed because maybe it is already should like that.

HabiebRiziq

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Quote from: barabarian1 on January 18, 2020, 08:28:32 PM

Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

and I think it will take a long time to be realized. because at this time the mass adoption of bitcoin has not yet been reached and its high fluctuations make most people not use bitcoin for payment tools. and now if we see there are still many people who do not understand about cryptocurrency. so in my opinion if we want in the future cryptocurrency to be a legal currency throughout the world. then it must continue to promote cryptocurrrency. knowledge of cryptocurrency is very important.

If you want bitcoin or cryptocurrency can be used as a legal payment tool in all countries, of course we need an introduction to cryptocurrency to many people so that people start to know about what cryptocurrency is and how to use it. If people start to recognize and use cryptocurrency as a good payment method I think that cryptocurrency will slowly have a good future

Karto

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i really believe that crypto is the future
and for example the US does not have to make official crypto dollar, they already have options like USDC with instant withrawal to cash from coinbase..
the industry will win its way into the top, and phones will be the future debit cards

affandi

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of course it requires mass adoption so this can happen. at present, the government only believes in centralized tokens that they make themselves. the problem is, each country has its own currency which they use for daily needs in transactions. in my opinion, cryptocurrency will coexist with fiat forever, and no one feels replaced.

fuer44

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in my opinion, crypto will not become a currency or turn into a currency to replace fiat. because the price of crypto is very volatile, of course it will be difficult to determine the buying and selling prices of commodities, so crypto really has no intrinsic value.

preikaler

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Digital currency will indeed become popular in the future. We only wait for the time to arrive, why do I think that because digital currency is more practical and secure?

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Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

I certainly agree to it also as the chance that crypto will replace fiat is in the process already, the people are starting to use cashless payments using digital currencies and once the majority of the governments will fully utilize the use of crypto currencies then fiat will surely be replace.

Maybe 10-20 years from now, digital payments will be use widely and the changes will be huge as the technology is keep on advancing also.

NathanJB

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I am sure of it. But I am not 100% sure. If cryptocurrency is not the future, it would be because cryptocurrencies are not as stable as the current fiat currencies. Stability is one feature that is making crypto a viable currency. Stablecoins are rising. They might really have a bright future ahead of them. If not cryptocurrency, we will probably have digital currencies that are not on blockchain.

pixie85

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It's enough for the market to start showing signs of bull for all of you to walk with your heads in the clouds. There's no more use of cryptocurrencies today than there was a month ago when we were at 7000 dollars for Bitcoin and all altcoins were looking like they're about to revisit 2019 lows. Now it's all about how much cryptos are being used and how they're the future.

We aren't in a real bull market yet just like we weren't there in Summer 2019.

I also think that someday people will treat cryptocurrencies like they're treating paypal and credit cards but we'll be old when it happens.

jazmuzika217

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There is a big possibility that crypto will be the future currency but I am sure that it will happen literaly on the future because all we know that this is a long process,first of all most types of government that we have it is hard to please to accept the crypto even if it is really big help in every netizens.

setialovers

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Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

To replace fiat money in terms of daily transactions, in my opinion it is difficult to shift the role of fiat money. Many underlying factors and one of them is the habit of people in using paper money in daily transactions. Crypto may have good opportunities in the future but not all crypto because only a few are trusted by investors and the public

bgaf

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Quote from: crypto01721 on January 18, 2020, 11:56:56 AM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

Official currency? I hope I heard it wrong cause its quite impossible for this to happen. Cryptocurrency is undergone a major adoption by mass community but it doesnt mean it will replace the native currency of ones country. That's their historical treasure and one of the fundamentals of one country. Using blockchain tech is helpful but its not good to replace everything with it.

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